MARTIN LEWIS appeared on his ITV show ‘The Martin Lewis Money Show’ to talk about property and mortgages, and their relationship to Brexit. So, how will the UK leaving the EU affect house prices and the housing market? The Money Saving Expert reveals his thoughts.

Earlier this year, it was revealed that the average house price in London has soared to over £600,000 for the first time. Here are the towns you can afford that are less than 1hr away from London.

That said, there are some indications that the housing market is beginning to respond to the March 29 deadline.

“We’ve already seen indications that prices in London and the South East are beginning to dip, which is likely to continue as buyers finally let their pre-Brexit jitters play out,” Stephens told Express.co.uk.

Whether the UK leaves with a ‘soft’ Brexit, or a ‘hard’ Brexit, there will likely be a slowing down of the housing market, he added.

“However, I don’t anticipate any kind of immediate large-scale fall in prices – more a softening of the market as buyers hold their collective breath,” he said.